Daily Pivots: (S1) 1.1629; (P) 1.1656; (R1) 1.1670; More…. Intraday bias in EUR/USD stays mildly on the upside for the moment. Fall from 1.1917 should have completed at 1.1467. Further rise should be seen to Read more…
Daily Pivots: (S1) 154.57; (P) 155.05; (R1) 155.60; More… USD/JPY’s fall from 157.88 is resuming by breaking through 154.65 temporary low and intraday bias is back on the downside. Sustained trading below channel support should Read more…
Daily Pivots: (S1) 1.3303; (P) 1.3344; (R1) 1.3369; More… Intraday bias in GBP/USD remains on the upside and rise from 1.3008 should extend to 1.3470 resistance first. Decisive break there will pave the way to Read more…
Daily Pivots: (S1) 0.8006; (P) 0.8023; (R1) 0.8055; More… Intraday bias in USD/CHF remains neutral for the moment. Price actions from 0.7828 low is seen are a corrective pattern. On the upside, above 0.8052 resistance Read more…
Daily Pivots: (S1) 0.6597; (P) 0.6611; (R1) 0.6624; More… Intraday bias in AUD/USD remains on the upside at this point as rise from 0.6420 is in progress. Further rally should be seen to retest 0.6709 Read more…
Daily Pivots: (S1) 1.3931; (P) 1.3954; (R1) 1.3982; More… USD/CAD’s fall from 1.4139 is resuming by breaking 1.3936 and intraday bias is back on the downside. Sustained trading below 38.2% retracement of 1.3538 to 1.4139 Read more…
Looking at the S&P 500 flirting with all-time highs, and with US Q3 growth hugging the 4% mark, you’d barely think the US economy is slowing, jobs are being lost, and the Federal Reserve (Fed) Read more…
In focus today In the euro area, focus turns to wage growth and the final estimate of Q3 GDP. The data will give us the first full picture of wage developments in the third quarter, Read more…
Daily Pivots: (S1) 0.9332; (P) 0.9347; (R1) 0.9373; More…. EUR/CHF’s rise from 0.9178 resumed by breaking through 0.9349, and intraday bias is back on the upside. As noted before, fall from 0.9660 could have completed Read more…
Daily Pivots: (S1) 0.8721; (P) 0.8738; (R1) 0.8753; More… Intraday bias in EUR/GBP remains on the downside at this point. Break of 55 D EMA (now at 0.8745) indicates rejection by 0.8867 fibonacci level. Further Read more…